City and Civic to cost moreHonda to increase the price of City and Civic by next month
Apnaloan.com Research Bureau
24 Apr 2008
Honda Siel Cars India will increase the prices of its two sedan City and Civic between Rs 5000 and Rs 10000 by next month.
As reported by Economic Times, according to a company official, the rising steel prices and other input costs have put immense pressure, which the company is trying to absorb. But it has reached a stage where the company has to pass on a part of it to the customers.